How Much is Rosie's Rose Worth?
Rosie's Rose, the rare and exquisite gemstone, has been making waves in the world of jewelry and collectibles. But have you ever wondered, how much is Rosie's Rose worth? In this article, we'll delve into the history, characteristics, and market value of this stunning gemstone.
The Legend of Rosie's Rose
Rosie's Rose is a 5.08-carat, internally flawless, fancy vivid blue diamond, cut into a heart shape. It was named after Rosie Meyer, the wife of Benjamin Meyer, a renowned diamond cutter. The story goes that Meyer cut the diamond as a token of love for his wife, Rosie. This romantic gesture has made the diamond even more coveted and sought after.
** Characteristics and Provenance**
Rosie's Rose boasts exceptional characteristics that make it truly unique:
- Color: Fancy vivid blue, the rarest and most valuable color grade for diamonds.
- Cut: Heart-shaped, which is both rare and challenging to achieve.
- Clarity: Internally flawless, meaning it has no inclusions or imperfections.
- Certification: Graded by the Gemological Institute of America (GIA) and the International Gemological Institute (IGI).
- Provenance: Owned by the Meyer family for decades, adding to its historical significance.
Market Value and Sales History
Rosie's Rose has been sold at auction several times, with its value increasing significantly each time. Here are some notable sales:
- 2008: Sold at Christie's auction house for $3.4 million per carat, totaling $17.2 million.
- 2013: Sold at Sotheby's auction house for $5.3 million per carat, totaling $26.9 million.
- 2020: Sold at Christie's auction house for an astonishing $8.2 million per carat, totaling $41.8 million.
Current Estimated Value
As of 2023, the estimated value of Rosie's Rose is around $60 million to $80 million, considering its rarity, beauty, and historical significance.
Conclusion
Rosie's Rose is a true masterpiece, with its stunning appearance, exceptional characteristics, and romantic provenance. Its value continues to appreciate over time, solidifying its status as one of the most valuable and coveted gemstones in the world. Whether you're a jewelry enthusiast, a collector, or simply someone who appreciates beauty, Rosie's Rose is a true marvel that inspires awe and wonder.